SCF BY BANK OF AFRICA

A collaborative digital offering that provides support and financing services to Donor-Supplier Ecosystems.

For Donors: Do you need to optimize your cash flow and benefit from tailored support, training, and innovation services for your ecosystems?

For Suppliers: Are you seeking alternative financing and immediate working capital at a lower cost?

BANK OF AFRICA offers Supply Chain Finance, an innovative and efficient financing and support solution.

Both Donors and Suppliers can now enjoy a fully autonomous digital experience through a unique collaborative platform called SCF by BANK OF AFRICA.

How It Works: This solution allows donors to provide their suppliers with better visibility of trade flows and access to alternative financing sources, on demand and prior to maturity, under better conditions than they might obtain directly. Suppliers benefit from the high credit quality of major donors and enhanced security on receivables.

Advantages:

Benefits for Buyers:

• Reduced processing costs through the implementation of an outsourced centralized payment service.
• Delegation to the bank, which finances the supplier position and collects after the invoice due date.
• Improved relationships with suppliers through productivity gains in administrative relationship management.
• Avoidance of late payment penalties following the new payment term legislation.

Benefits for Suppliers:

• Access to more competitive financing sources without impacting current banking lines.
• Increased visibility and easier reconciliation of payments and invoices.
• Option to offload receivables as needed.

For more information, visit www.scf-bankofafrica.ma